Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-05-22-Speech-2-178"

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"en.20070522.21.2-178"2
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". Free trade and global liberalisation are presented here as panaceas, alongside the sacred cows of price stability, increased competition and tax cuts that facilitate the exploitation of workers. I should also like to highlight the fact that the report states that ‘bilateral and regional FTAs’ are a ‘sub-optimal’ solution and as such should be launched only when necessary ‘to improve the competitive position of EU exporters on crucial foreign markets’. They ‘should be WTO-compatible, comprehensive, ambitious’ and should ensure far-reaching liberalisation of services and investment, going beyond both existing multilateral commitments and those expected to result from a successful conclusion of the Doha Development Agenda’. In other words, with the WTO negotiations deadlocked, the order has come to press ahead whenever and wherever possible with the liberalisation of trade, to the delight and the profit of the large economic and financial groups in the EU. What the report fails to mention are the disastrous consequences of capitalist liberalisation – with its ‘structural reforms’, the end of customs duties and the imposition of so-called ‘intellectual property rights’ – such as the glaring increase in inequality across the world, rising unemployment, unstable work, poverty and the appalling impact on the environment and biodiversity. We therefore voted against the report."@en1

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